Private residential property index up 1.2 points: URA

Uploaded By:  Paul Howell Submitted By:  Staff Reporter Case Study:  No Non-residential properties are getting a pass from investors and buyers. The URA flash estimates for price index registered a rise in the third quarter as pent-up demand post-circuit breaker led to a substantial increase in transaction volumes The index rose 0.8% or by 1.2 points to 153.8 points in Q3 from 152.6 in the previous quarter. This is also a faster rate of quarterly increase from the 0.3% jump recorded in Q2. This rate of increase  is ‘gravity defying’, said Leonard Tay, head of research of Knight Frank Singapore. read more